Alibaba, the Chinese ecommerce group, is overhauling the business model of a fast-growing subsidiary in a bid to offer a full international service able to challenge Amazon, the world's largest online retailer. Trudy Dai, president of Alibaba's wholesale marketplaces division, told the Financial Times that AliExpress- an ecommerce business that sells goods from Chinese retailers to customers in more than 150 countries- is making changes to enable retailers from other countries to also sell products on its platform around the world. (Alibaba steps up competition with Amazon in global ecommerce market, Financial Times)
Comment：
In a bid to share the global market, Alibaba, one of China's E-commerce giants, has been launching new products and new service to meet customers' need. Its innovative spirit is of importance to develop the international market.
（Editor Shao Jingjing）
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